Home > Term: current account balance; balance of payments on current account
current account balance; balance of payments on current account
Part of the balance of payments showing all accounts receivable and payable by a country over a given period as a result of foreign trade in goods and services, transfer payments, and wages and capital income.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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